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Re: sam1933 post# 46259

Sunday, 04/21/2024 1:27:53 PM

Sunday, April 21, 2024 1:27:53 PM

Post# of 46408
Let it be given that the A/S is fully Blown out _ 500 Mill O/S Pre-Split

W/ the R/S @ 0.01 = $5 Mill MC And Add in that they raised $5 Mill (prob WAY overvalued)

So Post Split 5 Mill Share O/S w/ a $5 Mill MC @ $1.00

So if they Raised $5 Mill Investment $$ _ How many Restricted Shares would that account for (5 Mill ?) & would they be valued @ $1.00 each

If so, still just a $10 Mill MC w/ 10 Mill O/S ( 5 restricted/5 non-restricted) and 490 mill left in the A/S

This is Just Fuzzy Math, but it seems that no matter how one juggles the numbers - Nothing comes close to $100 Mill MC w/Out significant dilution
even is it Trades @ $1.00 w/out the pps dropping

Peeps are not buying Now @ 0.01, so what will make them buy @ $1.00 w/ no Operational Business/Revs ?

I don't think the FINRA approval alone is enough stimulus to do that

Not saying this Security won't make it, but for many, I think the Break Even/Profit Point will be ~2yrs Post FINRA approval, Just about the Time the resticted shares become Unlocked

JmO